I don't know. There are no answer options. Maybe palm trees etc.?
Answer:
You need to have in mind that you are looking at the present value because the lump sum is worth $50,000 today. You need to compare the present for 10 years of your life would be worth today.
So:
FV=0
N=10 X 12=120
PMT= 641
I=6.5% / 12= 0.5417%
Solve for PV= $56,451.91 (is larger than $50,000)
Answer:
The answer is True.
Explanation:
From the description, it seems that World Extraction Corp is behaving in a socially responsible way – even though its stakeholders might not have the same view. Though in the long run, a company which behaves in socially responsible manner might accumulate enough goodwill from the society around it to be perceived with a good reputation, stakeholders who do not fit the company’s vision might end up being detrimental to the company’s business.
it helps a company save money with POSTAL COSTS